Belgium Secures €52.8 Million Through New Government Bonds

Brussels (Eurotoday) – Belgium’s Federal Debt Agency has announced that it collected €52.8 million through the new government bonds.

Belgium’s Federal Debt Agency operates the country’s public debt, including cash flow forecasts, financial market and service regulation, the Royal Mint of Belgium, and the Monetary Fund. The Debt Agency is tasked with public debt management. Its main goal is to minimise the financial costs linked to the federal debt, taking into account market and operational threats in line with the general objectives of the budgetary and monetary policy.

How much did Belgium raise from new government bonds?

Generally, the acquisition of state bonds permits people to lend money to the Belgian Government. After a specific period, the State pays back lenders for the initial loan at an agreed interest. As reported by the Nieuwsblad, Belgian Government bonds were issued for one and eight years. The one-year government bond was the most popular and generated more than 41 million euros. Approximately 11 million euros were expanded with the eight-year government bond.

Moreover, the new government bond generated a net of 1.54 per cent over one year, and a net of 1.96 per cent over eight years. With the government bond, which is normally given four times a year, the Debt Agency is targeting private investors. In September last year, the government collected almost 22 billion euros.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

A ‘Super Tuesday’ for an Expanded EU

A ‘Super Tuesday’ for an Expanded EU

Ireland is prioritizing enlargement during its presidency of the EU Council, actively advancing accession discussions. Today, alongside the EU’s General Affairs Council, four separate accession conferences will be held for Ukraine, Moldova, Albania, and Montenegro, marking significant progress in their membership pursuits. Ireland’s Europe Minister Thomas Byrne noted this is the highest number of

Read More

Brazil’s Economy Forecast Predicts Moderate Growth After October Presidential Election

Brazil’s Economy Forecast Predicts Moderate Growth After October Presidential Election

São Paulo, July 13 Eurotoday Newspaper –  Brazil economy forecast remains positive as economists expect the country’s economy to grow at a moderate pace following the October presidential election. Analysts believe stable domestic demand, improving investment conditions and easing inflation could support continued economic expansion, although fiscal policy and global market uncertainty remain ke

Read More

Sinner Establishes Wimbledon Benchmark

Sinner Establishes Wimbledon Benchmark

Jannik Sinner successfully defended his Wimbledon men’s singles title, overcoming Alexander Zverev in four sets on Centre Court. His victory emphasized the strength and depth of European tennis, highlighting resilience and the high expectations on top players. Sinner triumphed with a 6-7(7), 7-6(2), 6-3, 6-4 scoreline, marking his 100th Grand Slam match win and reinforcing his status as the

Read More

UK Police Arrest 12 in Far-Right Terrorism Investigation

UK Police Arrest 12 in Far-Right Terrorism Investigation

London, July 13 Eurotoday Newspaper – UK police arrests dominated headlines after counterterrorism officers detained 12 people during an investigation into suspected extreme right-wing terrorism. Authorities said the operation followed intelligence linked to an alleged threat against an Islamic event. Officers carried out coordinated searches across several locations while detectives continued g

Read More

Europeans Join Kyiv in Developing Indigenous Missile Defense

Europeans Join Kyiv in Developing Indigenous Missile Defense

In a move to form a “purely defensive Anti-Ballistic Missile Coalition,” Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, and the United Kingdom are set to support Ukraine’s Project Freyja, a missile defense initiative by developer Fire Point.
This system is meant to integrate within NATO-standard radars, command centers, and data links of the participatin

Read More

EU Secures Enhanced Passenger Rights

EU Secures Enhanced Passenger Rights

The European Union has officially endorsed updated air passenger rights regulations that maintain compensation for significant delays and introduce clearer obligations for airlines regarding claims, information, family seating, hand baggage, and support for passengers with reduced mobility. This reform transforms a prolonged institutional dispute into a practical inquiry: whether passengers will

Read More

ICE-Involved Shooting in Maine Results in One Death as Investigation Starts

ICE-Involved Shooting in Maine Results in One Death as Investigation Starts

Biddeford, Maine, July 13 Eurotoday Newspaper – ICE-involved shooting in Maine is under investigation after one person was killed during an incident involving federal immigration authorities in Biddeford on Monday. State and local officials confirmed the fatal shooting while emphasizing that the investigation remains in its early stages.
Authorities Confirm Fatal Incident
Emergency responders, l

Read More

Russia Sanctions Package Deadline Pushed to Wednesday

Russia Sanctions Package Deadline Pushed to Wednesday

EU ambassadors might convene on Tuesday afternoon or Wednesday morning to avert the recalculation. Kallas refrained from speculating on whether the oil price cap freeze would be separately approved from the rest of the package.
The 21st sanctions package has been diluted in recent weeks, with a proposed ban on Russian fish exports removed over the weekend. Restrictions on EU visas for former soldi

Read More

EU Dispatches Hybrid-Threat Team to Armenia

EU Dispatches Hybrid-Threat Team to Armenia

EU Expands Role in South Caucasus with a Civilian Mission in Armenia
The European Union has initiated a civilian Partnership Mission in Armenia, addressing concerns over cyber attacks, misinformation, and illegal financial activities through a two-year advisory deployment. This action enhances Brussels’ security ties with Yerevan during a pivotal time for Armenia’s sovereignty and de

Read More

FAA Completes Starship Review Before SpaceX’s Upcoming Test Flight

FAA Completes Starship Review Before SpaceX’s Upcoming Test Flight

Washington, D.C., July 13 Eurotoday Newspaper – FAA Starship review has concluded, clearing an important regulatory milestone for SpaceX as the company prepares for its next Starship test flight later this week. The Federal Aviation Administration announced that it completed its oversight of the investigation into the Super Heavy booster incident from the previous mission after accepting the com

Read More